£66,600
This estimated value is based upon the latest sale price for the house of £42,250 on 30 Jul 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £42,250 | 30 Jul 2007 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in July 2007 the House Price Index for LANCASHIRE was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £42,250 results in an estimated price of approximately £66,600.
| 30 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £42,250 | £24,350 | £66,600 |
The Postcode Pricing Model uses changes in average sales price within the WN8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 22.740 % | £9,607 | £51,857 |
| 3 Month Average | 20.059 % | £8,474 | £50,724 |
| 6 Month Average | 54.200 % | £22,899 | £65,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £91,352 | £90,000 | 82 CARFIELD |
| 21 Jun 2023 | £174,109 | £172,000 | 162 BACK LANE |
| 21 Jun 2023 | £116,410 | £115,000 | 170 BEAVERS LANE |
| 8 Feb 2023 | £81,945 | £82,000 | 178 BEAVERS LANE |
| 10 Jun 2022 | £116,648 | £115,000 | 124 MOOR DRIVE |